Energy Efficiency and Renewable Sources Fund

Sofia, Bulgaria

EERSF manages the financial resources received by the Republic of Bulgaria from the Global Environment Facility (GEF) through the International Bank for Reconstruction and Development (IBRD) and from other donors. EERSF is an independent legal entity, separate from any governmental agency or institution, and performs its activity in accordance with the EEA, the current legislation framework and the agreements with the major donors. EERSF is structured as a self-sustainable commercial entity that concentrates its efforts on facilitating energy efficiency (EE) investments and on promoting the development of a working EE market in Bulgaria.